The Office Memo Read,"Sales Representatives from British Columbia,Alberta,Manitoba and Saskatchewan

question 35

Multiple Choice

The office memo read,"Sales representatives from British Columbia,Alberta,Manitoba and Saskatchewan will report directly to the regional manager." From this information,it would appear the company that issued the memo uses ______ organization for its salesforce.

• A)profit
• B)customer
• C)product
• D)geographical

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Definitions:

Private Demand

The desire and willingness of individuals and entities to purchase goods and services in a free market.

Crowding Out

A situation where increased government spending leads to reduced investment in the private sector, often due to higher interest rates.

Multiplier

A factor by which an initial change in aggregate spending will alter total economic output through a series of induced spending.

Interest Rate

The amount charged, expressed as a percentage of the principal, by a lender to a borrower for the use of assets.